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Do you think there are any downsides to the... Expand / Collapse
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Posted 5/5/2008 3:52:15 AM
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Now more than ever before in known history, Casinos and Gambling are simply much more widely available no matter where you live. Every area has their casinos, but I think there may be some downsides to this. Because of so many casinos, they all have to divide the customers with eachother, just so that they can pay the bills and stay afloat. What is your opinion about all of this, and do you feel that it is a major issue at all?
Post #4599
Posted 5/5/2008 12:18:05 PM
Supreme Being

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I don't think the market is saturated yet for one and for another the casinos aren't usually competing for the same market. Local casinos are aimed at the local areas while destinations like Vegas are shooting for tourists and vacationers. Even people like me who like to go to a local casino will still do a vacation in Las Vegas when we can. The competition also comes from the other amenities that are available like good restaurants or retail stores.
Post #4613
Posted 5/5/2008 5:00:51 PM


Supreme Being

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I, too don't see much of a problem. From what I've seen, there's usually only one or two casinos for a given area. There are a few small scale VLTs around but I don't think those compete much. And I think that with the profit maargins of a casino, the chances of going under are quite low.
Post #4623
Posted 5/6/2008 3:57:08 AM
Supreme Being

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I agree, there are always plenty of people to go around. Think of how many McDonalds there are and how often do you see one of those going out of business? People crave variety and the choice to go to any one of a number of casinos. I think it will be some time before you would see such a thing happen, as there will always be people who can afford to gamble, or can't but do anyway.
Post #4635
Posted 5/6/2008 6:34:34 AM
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I think capitalistic competition in the arena is a good thing. More incentives, better food.. what ever they have to do to draw customers in . In the end, the customer wins. (literally and figuratively)
Post #4639
Posted 5/7/2008 1:16:23 AM
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I do see the potential for over saturation of the market-and certainly in some areas I think it has already happened.

I think that the downsides are more from a social responsibility side of things-the more available it is the more temptation there is for those who can't handle it-who get addicted.
Post #4644
Posted 5/7/2008 1:13:19 PM
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I have to disagree with you, ChipsAlive, on one point. I don't believe the proximity of casinos has as big of influence on gambling addiction as you mention. If a person is addicted, they are going to bet on the football game, the horse race and online...wherever they can bet, they will. There are plenty of gambling addicts where there aren't any casinos around.
Post #4647
Posted 6/11/2008 4:19:39 AM
Supreme Being

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A satturated market may be problematic for the casinos, but it would make casinos so common that the tendency for some people to get hooked might actually decrease.

After all, the best way to make something desirable is to tell folks they can't do it!
Post #5471
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